Internal Auditor

Do you have at least five years of Auditing experience along with a BSc. in Accounting, Commerce or an equivalent business qualification? If you answered yes to the above this may be your opportunity. Please see details below.

Role Summary

The Internal Auditor will be responsible for the development of a relevant risk-based annual audit plan and the timely execution of related audits. This will be accomplished by the evaluation of business and financial processes to analyse effectiveness of controls and risk alleviation. The Internal Auditor will provide independent, objective assurance to the Board of Directors and Management on the adequacy and effectiveness of systems processes and provide recommendations.

Key Accountabilities

• Evaluate and assess control processes in place to manage key business risks and determine the level of organisational compliance through the development of an appropriate risk-based annual Internal Audit Plan.
• Plan and execute financial, operational and compliance internal audits consistent with the Internal Audit Plan and International Standards on Internal Auditing as prescribed by the Institute of Internal Auditors.
• Undertake discussions with the Managers and Process Leads regarding control issues and deliverables for mitigation.
• Prepare and present reports on audit findings to stakeholders and provide recommendations that avoid risk that is not consistent with a prudently run financial institution.
• Follow-up with Management and Process Leads on the status of outstanding internal audit issues and the implementation of agreed actions.
• Validate Management’s interventions for closed audit issues through testing, ongoing monitoring and timely reporting.
• Undertake business performance reviews and special investigations in accordance with the Company’s risk management policy.
• Effectively report on the findings of reviews and investigations and escalate high priority issues to the Audit Committee.
• Maintain awareness of strategic objectives and operating plans to enable ongoing assessment of key business risk areas and emerging trends.
• Keep abreast of emerging industry trends, legislation, regulatory requirements and technology and where relevant recommend initiatives to enhance risk alleviation and business performance.
• Establish and maintain regular written and in-person communication with stake holders regarding the operations of the function, specifically maintaining open communication with Management, Process Leads and the Audit Committee of the Board of Directors.

Qualifications and Experience

• A Bachelor’s degree in Accounting or Commerce or an equivalent business qualification.
• Certified Internal Auditor (CIA) or Certified Fraud Examiner (CFE) would be an asset.
• A member of the Institute of Internal Auditors (IIA) or Institute of Chartered Accountants of Barbados (ICAB)
• At least five (5) years’ experience providing auditing services.
• Knowledge of relevant legislation and regulations (Town planning and Construction).
• Proven knowledge of risk assessment methodologies and auditing standards and procedures
• The ability to understand the implications of the inherent risks within the business and to identify and prioritise control issues.
• Advanced proficiency in the use of applications in the Microsoft Office Suite; previous experience with Sage 300 ERP, would be an asset.
• Planning and organizational skills.
• High level of integrity and dependability with a strong sense of urgency and results orientation
• Strong analytical skills and the ability to manipulate large amounts of data, draw relevant conclusions and to compile detailed reports.
• Strong interviewing, investigative and analytical skills
• Effective oral, written communication and presentation skills re: a variety of audiences
• The ability to function independently and to collaborate effectively with key stakeholders to accomplish tasks when necessary.

If you are confident that you meet the requirements outlined above and you are seeking to move your career forward, please email your Cover Letter and CV or Resume using the caption Internal Auditor.

Closing date for applications is August 20^th, 2023